Which of the Following Transactions Would Be Recorded as a Credit

question 48

Multiple Choice

Which of the following transactions would be recorded as a credit in the U.S. current account?

• A) A Japanese bank's purchase of IBM stock.
• B) A Japanese consumer's purchase of an Apple computer.
• C) An American tourist's payment to a Japanese hotel.
• D) An American consumer's purchase of a Toshiba VCR.

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Definitions:

Structural Defects

Faults or imperfections in the construction or composition of something, which may affect its strength, function, or aesthetics.

Oxytocin

A hormone and neurotransmitter involved in childbirth and lactation, also associated with empathy, trust, sexual activity, and relationship-building.

Pair-Bonding

The establishment of a sustained social and emotional relationship between two individuals, often involving mutual support and attachment.

Mammary Glands

Specialized organs in mammals that produce milk to nourish newborns.